MakerDAO Archives - New Money Review

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Tag: MakerDAO

Whose backstop?

March 17, 2020 Comments are Disabled

Welcome to the new financial system. Same as the old one? On the face of it, the philosophical differences between centralised and decentralised finance (or ‘CeFi’ and ‘DeFi’, for short) […]

Ethereum collapse makes MakerDAO insolvent

March 12, 2020 Comments are Disabled

According to CoinDesk, the MakerDAO protocol that underlies automated lending on the ethereum blockchain has run out of collateral, threatening its solvency. MakerDAO faces an emergency shutdown with $4 million […]